USA - NYSE:TSN - US9024941034 - Common Stock
Overall TSN gets a technical rating of 0 out of 10. TSN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, TSN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 53.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 51.37, a Stop Loss order could be placed below this zone.
50.86
We found 1 important support area.
When analyzing the resistance we notice 3 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for TSN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TSN is down. |
| ChartMill Relative Strength | 20.13 | NEGATIVE | TSN has a low relative strength, it was outperformed by 79.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TSN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TSN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TSN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.51 | NEUTRAL | The RSI value for TSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TSN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.52 | NEUTRAL | The Stochastics value for TSN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for TSN suggests low volalility. |
| Average Directional Index/ADX (14) | 33.63 | POSITIVE | The high ADX value value for TSN suggests a strong trend. |
52.14
+0.05 (+0.1%)
ChartMill assigns a technical rating of 0 / 10 to TSN.
The current trend direction for TYSON FOODS INC-CL A (TSN) is Bearish.
TYSON FOODS INC-CL A (TSN) has an RSI value of 41.5063. This indicates that the stock is currently neutral.
The buy/sell signal for TYSON FOODS INC-CL A (TSN) is sell as both the short term and long term trends are negative.
TYSON FOODS INC-CL A (TSN) has a support level at 51.37 and a resistance level at 53.78. Check the full technical report for our detailed analysis of TSN support and resistance levels.